On January 1, 2022, Entity B issued $500,000, 8% bonds payable at 104 in order to buy new equipment. The bonds mature in 5 years and pay interest annually on December 31 The journal entry to record issuance of the bonds includes: O a debit to cash of $520,000 O a debit to discount on bonds payable of $20,000 O a debit to bond interest expense of $36,000. O a credit to bonds payable of $520,000 QUESTION 23 When a company records depreciation on equipment, the entry will include: O a debit to Depreciation expense O a debit to Accumulated depreciation a debit to Equipment expense O a credit to Equipment